Pakistan News Watch

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• Annual Report-2009: World Bank approves $500 million for regaining economic stability

  The World Bank has approved $500 million to support the government programme to regain and maintain economic stability and steer the economy back onto a higher growth path. According to the WB Annual …...

• Economic crisis traps millions in poverty: ADB

  The global economic crisis is also a social crisis in Asia, with an estimated 60 million people remaining mired in poverty due to falling growth rates, an Asian Development Bank executive has said. "The…...

• $500 million AETP loan facility: ADB seeks policy action compliance status

  The Asian Development Bank (ADB) has sought the status of policy action compliance, a prerequisite for approval of $500 million loan facility under the Accelerating Economic Transformation Programme (…...

• ADB releases $45 million for improvement of Punjab social services

  Asian Development Bank (ADB) has released $45 million for the Punjab Devolved Social Service Programme for improvement in the delivery of health, education, water, and sanitation services. According to…...

• ADB to triple capital base to $165 billion

  The Board of Governors of Asian Development Bank (ADB) has agreed to triple its capital base from $55 billion to $165 billion, giving it the much-needed resources to respond to the global economic crisis…...